UNI/USDT – 1H – SELLCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 3.072366 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 3.083 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Concealing Baby Swallow’ candle pattern is found. The chart forms ‘Concealing Baby Swallow’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.388 |
| 2nd High | 3.321 |
| Next High | 3.083 |
| Current Price | 2.990000000 |
| Next Low | 2.972 |
| 2nd Low | 2.845 |
| 3rd Low |
3.083 – 3.321 – 3.388 – 2.972 – 3.224 – 3.225 —
3.048000000 – 3.014000000 —
44.628063339669 – 38.062185538396 —
– —
3.083 – 1779991200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Concealing Baby Swallow – – –